Missouri Legislature’s Special Session is in the Books
October 5, 2022 5:39AM CDT
Missouri State Capitol. Photo by Office of Administration, Commissioner’s Office.
(MISSOURINET) – The Missouri Legislature’s special session is in the books. Lawmakers have extended some agriculture tax credits to six years for ethanol producers, meat packers, young farmers and other sectors of the industry. State Senator Jason Bean, of Holcomb (hull-come), steered the bill through the upper chamber….
Under the 40-million-dollar proposal, Missouri gas stations selling a 15-percent blend of corn-based ethanol would get a five-cents-per-gallon credit annually, with the maximum annual credit of five-million dollars. Biodiesel producers who make soybean oil-based fuel would get a two-cent-per-gallon annual credit.
